Zoomcar raised $9.15 million via private placement to fund debt repayment and expansion.
Amount Raised
$9.15 Million
Round Type
Post-IPO Equity
BengaluruOtherTransportationFinanceTravelMarketplaceAutomotiveInvestors
Description
Self-drive car-sharing marketplace, Zoomcar, successfully priced a private placement, raising approximately $9.15 million in gross proceeds. The funds will primarily be used to repay around $3.6 million of outstanding debts and for general corporate purposes.
Quick answer
ZoomCar raised $9.15 Million in a Post-IPO Equity round, dated November 6, 2024. Investors: Select Institutional Investors. ZoomCar is based in Bengaluru, Karnataka, India.
- How much did ZoomCar raise?
- ZoomCar raised $9.15 Million in a Post-IPO Equity round on November 6, 2024.
- Who invested in ZoomCar?
- Select Institutional Investors is named as investors in this round.
- What does ZoomCar do?
- Zoomcar is India’s largest car-sharing marketplace, with over 25,000 cars listed on the platform.
- Where is ZoomCar based and how big is it?
- ZoomCar is based in Bengaluru, Karnataka, India. Fundz records about 300 employees.
- Who are the decision-makers at ZoomCar?
- Fundz holds 3 contacts at ZoomCar, including the Head of Marketing and Partnerships. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Finance around the same time
Companies in the same sectors as ZoomCar that raised within 45 days of this round, from Fundz verified event records.
- Distribusion raised $80M (Series C) on September 26, 2024.
- Vaeridion raised $14M (Series A) on December 19, 2024.
- JetCharge raised $72M (Funding Round) on December 19, 2024.
- Azio AI Holdings, Inc. raised $4.4M (Seed) on December 18, 2024.
- Zeno raised $2M on December 13, 2024.
- Stoke Space raised $184M on December 9, 2024.
Who to call at ZoomCar, and when
A new round usually means ZoomCar is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day ZoomCar raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at ZoomCar, from your own LinkedIn network
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Related People
ZoomCar raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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